[Book Review]-The Money Code by Joe John Duran,CFA

The Money Code

The Money Code

The Money Code: Improve Your Entire Financial Life Right Now by Joe John Duran, CFA is a comprehensive short read about how you can improve your current financial situation.

In the 10 chapters of the book you will learn about the lessons that Jack had gone through while managing his money.

Joe starts of the book by mentioning that Money is only good for three things

1. Avoid pain—by protecting you and helping you to take care of what you’re afraid might cause pain in the future.

2. Feel good—by getting you the things that provide you with happiness and satisfaction
3. Take care of the ones you love—by meeting your obligations to family, community, and society at large

He goes on to share the 5  money secrets  and how they affect all decisions which you make regarding money.  In subsequent chapters Joe talks about how important it is to know the following

1. Clear understanding of what is currently most important to you in life.

2. What you are willing to adjust to meet your goals.

Through the online lessons that Jack went through with the Alchemist he learned more about his own thought process regarding his finances and he learned how to prioritize what he needs against what he wants financially.

 My thoughts

I found this an excellent book as it  makes one examine what triggers purchases and woes about money in a person. It also teaches us how to plan the usage of money rationally. How we can control our financial life by taking charge of our spending patterns.

We can control our spending,  savings, timing on when we need to make major financial changes and the amount of risk we want to take. Reading the book makes me think through in more detail preventing me making any hasty decisions regarding my finances.  I’m blessed to be living with a CFA who does make prudent decision regarding our family finances.

The tips shared in this book are applicable to any lay person and can really change your financial status.

Get your copy of The Money Code: Improve Your Entire Financial Life Right Now to learn more about managing your money.

Disclaimer: I received a copy of the book for review purposes. All opinions are 100% my own.This post has a compensation level of 3. Please visit Dominique’s Disclosure page for more information.